Taxes less subsidies on products (current US$), annual growth rate in Solomon Islands
Solomon Islands: Taxes less subsidies on products (current US$), annual growth rate was -1.22 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-1.22 % change on previous year
Change on year
down 117.1%
World rank
171st
of 197 countries
All-time high
183.98 % change on previous year
in 2002
All-time low
-138.38 % change on previous year
in 2001
Years of data
53
1972–2024
Taxes less subsidies on products (current US$), annual growth rate in Solomon Islands, 1972–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Solomon Islands recorded -1.22 % change on previous year for taxes less subsidies on products (current us$), annual growth rate in 2024.
That represents a change of down 117.1% on the previous year and up 73.7% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Solomon Islands peaked at 183.98 % change on previous year in 2002 and was at its lowest, -138.38 % change on previous year, in 2001.
Solomon Islands ranks 171st of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1972 | -2.52 % change on previous year | — |
| 1973 | 36.92 % change on previous year | -1566.1% |
| 1974 | 75.25 % change on previous year | +103.8% |
| 1975 | -26.21 % change on previous year | -134.8% |
| 1976 | 11.13 % change on previous year | -142.5% |
| 1977 | 23.4 % change on previous year | +110.2% |
| 1978 | 18.4 % change on previous year | -21.4% |
| 1979 | 70.73 % change on previous year | +284.4% |
| 1980 | 7.52 % change on previous year | -89.4% |
| 1981 | 26.22 % change on previous year | +248.8% |
| 1982 | 12.5 % change on previous year | -52.3% |
| 1983 | -15.45 % change on previous year | -223.6% |
| 1984 | 18.1 % change on previous year | -217.2% |
| 1985 | -2.36 % change on previous year | -113.0% |
| 1986 | -0.2944 % change on previous year | -87.5% |
| 1987 | 2.38 % change on previous year | -907.2% |
| 1988 | 43.05 % change on previous year | +1711.7% |
| 1989 | -1.03 % change on previous year | -102.4% |
| 1990 | 1.54 % change on previous year | -249.5% |
| 1991 | 4.88 % change on previous year | +216.9% |
| 1992 | 36.92 % change on previous year | +657.0% |
| 1993 | 39.88 % change on previous year | +8.0% |
| 1994 | -17.78 % change on previous year | -144.6% |
| 1995 | 0.3746 % change on previous year | -102.1% |
| 1996 | 1.8 % change on previous year | +380.4% |
| 1997 | 1.98 % change on previous year | +10.1% |
| 1998 | -18.25 % change on previous year | -1021.0% |
| 1999 | 10.21 % change on previous year | -156.0% |
| 2000 | -28.14 % change on previous year | -375.6% |
| 2001 | -138.38 % change on previous year | +391.7% |
| 2002 | 183.98 % change on previous year | -232.9% |
| 2003 | 58.9 % change on previous year | -68.0% |
| 2004 | 15.92 % change on previous year | -73.0% |
| 2005 | 1.9 % change on previous year | -88.1% |
| 2006 | 2.69 % change on previous year | +41.8% |
| 2007 | 23.31 % change on previous year | +766.0% |
| 2008 | 10.65 % change on previous year | -54.3% |
| 2009 | 1.03 % change on previous year | -90.3% |
| 2010 | 0.7127 % change on previous year | -30.7% |
| 2011 | 52.91 % change on previous year | +7324.2% |
| 2012 | 23.53 % change on previous year | -55.5% |
| 2013 | 3.74 % change on previous year | -84.1% |
| 2014 | -4.65 % change on previous year | -224.3% |
| 2015 | -3.89 % change on previous year | -16.5% |
| 2016 | 4.72 % change on previous year | -221.4% |
| 2017 | 1.18 % change on previous year | -75.0% |
| 2018 | 25.27 % change on previous year | +2043.6% |
| 2019 | -5 % change on previous year | -119.8% |
| 2020 | -13.91 % change on previous year | +178.3% |
| 2021 | -2.13 % change on previous year | -84.7% |
| 2022 | -2.46 % change on previous year | +15.2% |
| 2023 | 7.15 % change on previous year | -391.0% |
| 2024 | -1.22 % change on previous year | -117.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.89 % change on previous year | -26.21 % change on previous year | 75.25 % change on previous year | 8 |
| 1980s | 9.06 % change on previous year | -15.45 % change on previous year | 43.05 % change on previous year | 10 |
| 1990s | 6.16 % change on previous year | -18.25 % change on previous year | 39.88 % change on previous year | 10 |
| 2000s | 13.18 % change on previous year | -138.38 % change on previous year | 183.98 % change on previous year | 10 |
| 2010s | 9.85 % change on previous year | -5 % change on previous year | 52.91 % change on previous year | 10 |
| 2020s | -2.51 % change on previous year | -13.91 % change on previous year | 7.15 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 168 Argentina -0.143 % change on previous year compare
- 169 Tuvalu -0.2777 % change on previous year compare
- 170 Fiji -0.4936 % change on previous year compare
- 172 Mongolia -1.28 % change on previous year compare
- 173 Lesotho -1.41 % change on previous year compare
- 174 Ethiopia -1.51 % change on previous year compare
More economy & growth data for Solomon Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9064 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.96 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 18.78 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.43 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 6,632 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 7.83 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4042 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 781.45 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.68 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.1946 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Solomon Islands?
- Taxes less subsidies on products (current us$), annual growth rate in Solomon Islands was -1.22 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 183.98 % change on previous year in 2002.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -138.38 % change on previous year in 2001.
- How does Solomon Islands rank for taxes less subsidies on products (current us$), annual growth rate?
- Solomon Islands ranks 171st out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Solomon Islands?
- Over the last ten years it is up 73.7%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.